JD Sports completed the acquisition of Shoe Palace from Mersho Family for $325m.

JD Sports, a retailer of sports, fashion and outdoor brands, completed the acquisition of Shoe Palace, an athletic footwear and apparel retail chain, from Mersho Family for $325m. ''We are delighted to have completed the acquisition of Shoe Palace. The Shoe Palace team are ambitious, have great energy and pride themselves on their consumer connection and we welcome them to the Group. We are confident that our combined fascias will provide us with the flexibility and expertise to fulfil our mutual ambition of becoming a prime customer destination for sneakers and lifestyle apparel in the United States," Peter Cowgill, JD Sports Executive Chairman.